17,854 Shares in Sonida Senior Living, Inc. $SNDA Acquired by Militia Capital Management LLC

Militia Capital Management LLC bought a new position in Sonida Senior Living, Inc. (NYSE:SNDA) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 17,854 shares of the company’s stock, valued at approximately $576,000.

A number of other institutional investors and hedge funds have also bought and sold shares of SNDA. Conversant Capital LLC lifted its holdings in shares of Sonida Senior Living by 57.7% in the 1st quarter. Conversant Capital LLC now owns 14,605,874 shares of the company’s stock worth $471,039,000 after acquiring an additional 5,341,221 shares during the last quarter. Irenic Capital Management LP grew its holdings in shares of Sonida Senior Living by 1,049.3% during the 1st quarter. Irenic Capital Management LP now owns 1,219,747 shares of the company’s stock valued at $39,337,000 after purchasing an additional 1,113,622 shares during the last quarter. Rush Island Management LP bought a new position in shares of Sonida Senior Living during the 1st quarter valued at $7,036,000. Dimensional Fund Advisors LP purchased a new position in Sonida Senior Living in the 1st quarter worth $1,998,000. Finally, Cetera Investment Advisers bought a new stake in Sonida Senior Living in the first quarter worth $1,090,000. 87.55% of the stock is currently owned by institutional investors.

Sonida Senior Living Trading Down 0.4%

SNDA stock opened at $40.21 on Tuesday. The stock has a market capitalization of $1.90 billion, a PE ratio of -6.90 and a beta of 0.80. The company has a 50-day moving average price of $38.32. The company has a debt-to-equity ratio of 1.58, a current ratio of 0.44 and a quick ratio of 0.44. Sonida Senior Living, Inc. has a 12-month low of $23.78 and a 12-month high of $44.38.

Sonida Senior Living (NYSE:SNDA) last posted its earnings results on Monday, May 11th. The company reported ($2.39) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.67) by ($0.72). Sonida Senior Living had a negative return on equity of 36.98% and a negative net margin of 24.15%.The firm had revenue of $122.63 million for the quarter. Equities analysts predict that Sonida Senior Living, Inc. will post -1.72 EPS for the current year.

Analysts Set New Price Targets

SNDA has been the topic of a number of recent research reports. Wall Street Zen raised Sonida Senior Living from a “sell” rating to a “hold” rating in a research note on Saturday. Citigroup assumed coverage on Sonida Senior Living in a research note on Monday, July 27th. They issued a “market outperform” rating for the company. Weiss Ratings upgraded Sonida Senior Living from a “sell (d-)” rating to a “sell (d)” rating in a research report on Wednesday, July 29th. Robert W. Baird lifted their price target on Sonida Senior Living from $35.00 to $37.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Finally, Cantor Fitzgerald boosted their price objective on Sonida Senior Living from $36.00 to $42.00 and gave the company an “overweight” rating in a research report on Wednesday, May 13th. Four analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Sonida Senior Living currently has an average rating of “Hold” and a consensus target price of $43.00.

Insiders Place Their Bets

In other Sonida Senior Living news, Director Benjamin P. Harris sold 2,500 shares of the stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $37.46, for a total value of $93,650.00. Following the completion of the sale, the director owned 9,182 shares in the company, valued at approximately $343,957.72. This trade represents a 21.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 39.30% of the company’s stock.

Sonida Senior Living Company Profile

Sonida Senior Living (NYSE: SNDA) is a publicly traded company that owns and operates senior living communities in the United States. The company’s core business centers on providing housing and care services for older adults, with an emphasis on assisted living, memory care and related supportive services tailored to residents’ needs.

Sonida’s communities combine residential accommodations with on-site services such as personal care assistance, medication management, dining programs, social and recreational activities, and clinical oversight.